Mubarak expected to announce he won't seek reelection

Embattled Egyptian president Hosni Mubarak is expected to announce Tuesday he will step down at elections scheduled for later this year, according to Al Arabiya Arabic language satellite channel. The channel reported that the speech was already recorded and is expected to be delivered shortly.

The crowd gathers in Tahrir, or Liberation, Square in Cairo, Egypt, Tuesday, Feb. 1, 2011. Tens of thousands of people flooded into the heart of Cairo Tuesday, filling the city's main square as a call for a million protesters was answered by the largest demonstration in a week of unceasing demands for President Hosni Mubarak to leave after nearly 30 years in power. (AP Photo/Khalil Hamra)
Associated Press

CAIRO_Embattled Egyptian president Hosni Mubarak is expected to announce Tuesday he will step down at elections scheduled for later this year, according to Al Arabiya Arabic language satellite channel.

The channel reported that the speech was already recorded and is expected to be delivered shortly.

It was unclear whether the opposition will accept his purported offer, after eight days of protests demanding his immediate resignation.